Hello fellow Malaysians,

We want to learn how you are doing financially, seriously.

Last year, we inquired how good Malaysians were in managing their money

10,628 respondents participated in the RinggitPlus Malaysian Financial Literacy Survey 2020 (RMFLS), in partnership with Experian, Financial Education Network (FEN) and Nanyang Siang Pau.

And this is what we found out:

Spending and Retirement

24%

of Malaysians admit that they are not in control of their finances

46%

spend exactly or more than they earn monthly

50%

of Malaysians 35 years old and below have not started their retirement plan 

24%
of Malaysians admit that they are not in control of their finances
46%
spend exactly or more than they earn monthly
50%
of Malaysians 35 years old and below have not started their retirement plan
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Savings

of them can survive less than 3 months with their savings
of respondents can survive less than a month with their savings

Financial Planning

70%

of respondents say that EPF savings are not sufficient for retirement

45%

of respondents do not have a retirement plan

68%

of respondents believe their EPF can only last them for less than 10 years

This year, we are back!
And we want to know if you are doing okay.

Feeling curious?
So are we!

Subscribe to RinggitPlus Blog and we’ll drop you a reminder when we announce the results of the survey together with our partners.

Don’t miss out!

Together, let us help you take control of your financial health

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